Signature Coins & Bullion

Money is a strange thing, whether gold, paper of bonds, it is only has value if trusted. Throughout history, society has used different items, from shells to knives, gold silver and now a simple slip of paper that says "I promise", and we know what a bankers promise is worth..

As our friends know, one of the easiest ways for the PIIGS to retain their euro's is to use a complimentary currency, we have called it the "rentendrachmark". This is in homage to the solution to Germanys problems in the 1920's.

Well it seems some have tired of waiting for politicians to act and have reintroduced Spanish peseta's for use in daily commerce.

This is far more simple than one imagines. If a rentendrachmark was used to pay Greek public employees they could then use those pieces of paper to pay for local goods and services. This would allow Greece to keep the few euro's they have to pay foreign creditors.